August, 28 2024: VN-Index increased slightly (VN-Index +0.07%)

• VN-Index opened higher amid calm investor sentiment.
• There was no strong selling, and the index remained positive. However, selling pressure intensified once at the end of the previous session, and the index turned negative.
• When the afternoon session started, the index rose again. The index eventually gained on the previous day, albeit somewhat unsteadily compared to the morning.
• Chemical and Travel & Leisure sectors performed well, while Real Estate sector fell the most.
• Market breadth included 168 winners, 225 losers, and 84 unchanged.
• Liquidity increased slightly by 0.6% to VND 16.3 trillion.

VN-30 supported the market (VN-30 +0.10%)

• The basket had 13 increasing stocks, 13 decreasing stocks, and 4 staying the same.
• The index was led by GVR (+2.00%) and SSI (+1.95%).
• The previously leading stocks such as VRE (-2.74%), VIC (-1.55%), and VHM (-1.21%) sold off sharply today.

Sectors and stocks daily highlights

• VNM (+0.40%) began test marketing beef products under its Vina Beef brand. In addition, a commercial beef processing plant is scheduled to begin operations in September.
• The board members of PC1 (-0.86%) registered the sale of approximately 15.6 million shares, representing 5% of the company’s capital. The trading period is from August 30 to September 27.
• Foreign investors net sold VND113.0 billion, with FPT (+0.76%) continuing to be a net buy, while HPG (-0.96%) remained a net sell.

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August,_28_2024__Daily_Recap_Report_EN